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Recommended oil sector 70's chronology by "Lel Bruce Peto"...

From: <info@lelpeto.com>
Date: Fri, 14 Feb 2003 18:14:30 -0600 (CST)
Message-ID: <50334.205.188.209.82.1045268070.squirrel@www.lelpeto.com>
To: public-esw-thes@w3.org

Recommended oil sector 70's chronology by "Lel Bruce Peto"...

Oil & Gas Chronology :  The 1970’s


1977
Jan 

OPEC goes to two-tier pricing (Saudi Arabia and United Arab Emirates use 
$12.09 per barrel and other OPEC countries use $12.70per barrel).

May 

Fifty percent of Saudi Arabia's 10 MMB/D production is halted briefly due 
to fire damage to separation facility in Abqaiq field. Prices increase 
slightly.

Jul 

OPEC prices reunified at $12.70 per barrel as Saudi Arabia and UAE fall 
into line, then official price rises to $13.66 per barrel. 

Oct 23 

Dry dock complex opens at Bahrain; only facility between Portugal and 
Singapore capable of servicing VLCCs. 
Received on Friday, 14 February 2003 18:34:44 GMT

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